Fiscal slowdown has not affected India much  Forecasting a brighter future for the country’s economy by 2009-10 end, C. Rangarajan, Chairman, Economic Advisory Council to Prime Minister, said that if a consistent growth of four per cent in agriculture and NINe per cent in the industrial and services sectors were maintained over the next two decades, it would propel India into the comity of developed nations. In a talk on...

After Copenhagen, there is no “developing world” — there are several.  About 45,000 travelled to the U.N. climate summit in Copenhagen — the vast majority convinced of the need for a new global agreement on climate change. So why did the summit end without one? Key governments do not want a global deal: Until the end of this summit, it appeared that all governments wanted to keep the keys to...

Shocked by the “pernicious practice” of publishing “paid news” by some newspapers and television channels – particularly during the recent elections – the Editors Guild of India has strongly condemned this practice, “which whittles down the foundations of Indian journalism.” Taking cognisance of “paid news” at its Annual General Meeting (AGM) on Tuesday, the Guild said: “Both the media organisations and editors who indulge in it, and the customers who offer...

The new joke on Dalal street is that gold prices are soaring, not because of increased demand in the US, India and China, but because Shilpa Shetty has bought half the gold in India for her wedding dress! Jokes apart, the yellow metal has hit headlines recently because of its spectacular rise. Prices have spiked as investors now prefer gold to the weakeNINg US dollar. The US economy has lurched...

NINeteen years after he allegedly molested a 14-year-old tennis player who later committed suicide, former Haryana police chief S.P.S. Rathore was today sentenced to six months in jail, a punishment the victim’s friends considered too light. Rathore, who retired in 2002, has been granted bail till a higher court decides on the appeal he said he would file. Ruchika Girhotra had accused the officer of molesting her on August 12, 1990, when...